Texas 2005 championship ring for sale on eBay

[Ohio Steeler]

AUSTIN, Texas -- One man's gridiron glory is another person's chance to cash in.

Less than six months after Texas won its first undisputed football national championship in 36 years, a Longhorns championship ring is for sale on eBay, the online auction site.

And the bids are going up fast.

For a 10-karat gold ring valued at about $350, bids had reached $10,599.99 by Wednesday afternoon from a buyer trying to grab a bit of Texas glory.

The anonymous seller says the ring belonged to a former Texas player but doesn't say who. The name and jersey number on the ring are blacked out in the photographs.

Athletic department spokesman Nick Voinis said school officials don't know which player owned the ring or who is selling it. The ring is sized 10?-11.

"It's disappointing," Voinis said. "It's something you should be honored to receive. Every other player is taking pride in theirs."

NCAA rules prohibit current players from selling championship rings. But there's little to prevent former players from cashing in.

Texas bought about 200 rings for players, coaches and staff.

[MattsMe]

If the guy wasn't a starter and had no real chance of going pro, I can't say that I blame him. I would sell the thing too if someone offered me 10K.

It's either that, or it belongs to a member of the coaching staff, or former member.